Crypto Currency Part 2: Crypto Wallets and Exchanges for Holding and Trading HNT

Crypto Wallets and Exchanges for Holding and Trading HNT

Crypto Exchanges

If you don’t already have a crypto wallet that supports HNT…get setup with the following.

1.) Binance.us - https://accounts.binance.us/en/register?ref=54640102

2.) Coinbase - https://www.coinbase.com/join/knippe_r

3.) SimpleSwap - https://simpleswap.io/

• not sure how this would fit into the mix yet

4.) Crypto.com

• newly supports HNT.  Seems to be more user friendly than Binance.
• referral code: r3tv9ddx4d
• https://platinum.crypto.com/r/r3tv9ddx4d
• Use it to refer a friend now and you both get $25, with each successful sign-up and a valid transaction. Read more about the updated BG25 here.
• Very quick verification.

I find Coinbase infinitely easier to use, but it does not currently support HNT, yet.

In both cases, use the link above to setup your account.  You will have to supply some identification documentation.  Usually your photo and a copy of at least your state issued ID, in some cases you may need to submit additional information to verify your identity (utility bill, SSN, etc).

Both will report tax related earnings (i.e. capital gains) to the IRS…unfortunately….these are essentially like investment accounts for crypto.

Once successfully verified with Binance.us, then you can get your HNT wallet ID.

• Goto Wallet menu and select Balance.  Most likely you’ll have nothing there.
• In the Coin search box, search for HNT.
• This should bring up HNT in the search results.
• Select Deposit, this will bring up your HNT wallet address for Deposits.
• You can copy this for your records, or simply come back to this anytime.
• For now, copy this address and paste it into your iHub back-office, under Profile -> Edit HNT Wallet Address

What I plan to do is as HNT comes in from the network, I plan to leave some of it in HNT, then sell the rest and deposit it in my bank account via Binance.

Once Coinbase supports HNT….I’ll be moving away from Binance entirely.